1. UNFCCC secretariat, Sustainable Development Mechanisms Programme Motoharu Yamazaki, Programme Officer, Process Management Unit REVISION OF VALIDATION AND VERIFICATION MANUAL (VVM) 7 TH CDM Joint Coordination Workshop Bonn, Germany, 12-13 March 2011

2. Background BACKGROUND What is VVM? Validation and verification manual (VVM) is a document: To provide requirements to designated operational entities (DOEs) for their validation and verification work; and To promote quality and consistency in the preparation of DOEs validation and verification reports

3. History HISTORY EB 44 (Nov 2008): Adoption of VVM (version 01) EB 49 (Sep 2009): Agreement on Six-monthly review to incorporate EBs new decisions and minor editorial changes currently version 01.2 Biannually comprehensive review EB 59 (Feb 2011): Agreement on Revise VVM into Validation and Verification Standard (VVS) and a consolidated validation and verification procedure (VVP)

4. Objectives OBJECTIVES To separate (mandatory) determination and verification requirements from guidance and procedures To consolidate all determination and verification requirements found in various EB documents into one document To ensure consistency in and improve clarity of all EBs decisions on determination and verification To streamline all existing procedures to make the entire validation and verification process less cumbersome, more efficient and ultimately provide for faster decisions

5. Planned steps PLANNED STEPS 1.Extract all validation and verification requirements from the existing EB regulatory documents 2.Consolidate them into VVS 3.Clarify, consolidate and ensure the consistency of all existing EBs regulatory decisions relating to validation and verification 4.Streamline all existing procedures relating to validation and verification process 5.Stakeholder consultation (call for inputs, workshops) 6.EB 63 (Sep 2011) to adopt VVS and VVP